Michael Saylor Makes Bold Bitcoin Prediction in Just 2 Words

American businessman, entrepreneur, and MicroStrategy CEO Michael Saylor, a well-known advocate for Bitcoin (BTC), recently made headlines with a new statement about the leading cryptocurrency.

Saylor frequently captures public attention with his posts about Bitcoin, which are often a mix of enthusiastic and humorous remarks that reflect his vision for the digital asset. His latest remarks followed this trend; he shared a “Going Higher” message alongside an AI-generated image of himself in a mountainous landscape, embodying his characteristic style.

At the same time, Bitcoin began the week with a slight decline. After gaining 16% over the past two weeks, the cryptocurrency opened Monday down by 0.41%.

### Bitcoin (BTC) Price Outlook

Analyzing the daily price chart reveals that Bitcoin is interacting with a 200-day simple moving average at approximately $63,950, a significant level serving as a pivotal point of resistance and support. Saylor’s recent post coincides with a critical moment for both Bitcoin and the broader crypto market.

If Bitcoin is able to break through this 200-day average, it could quickly rise to around $65,000, where another solid resistance level awaits. Conversely, if it struggles to maintain upward momentum, it may drop to the $60,000 range, where market dynamics will determine its next steps.

Saylor’s excitement about Bitcoin’s prospects is bolstered by MicroStrategy’s substantial holding of 252,220 BTC, yet whether the cryptocurrency is truly on the path to “going higher” remains to be seen.